The UK banking giant has presented the new smart contracts app designed to record and manage financial agreements among its clients.
BNP Paribas and Bank of Ireland demonstrate the disruptive potential of the Blockchain technology.
Masters’s Digital Asset Holding is working together with Australian exchange ASX to develop a new securities settlement platform on the basis of the blockchain.
The companies have developed a blockchain-based system to shorten the time of cross-border securities transactions settlement.
The banks tried five different blockchain-technology providers to test trading fixed income.
The testing is a part of bank’s blockchain project aimed at adoption of the technology to the banking industry.